Coconut cultivation remains a critical pillar of agricultural economies and global supply networks across tropical regions due to its year-round productivity, high employment intensity, and diverse industrial applications spanning food, cosmetics, pharmaceuticals, and biofuels. According to the Food and Agriculture Organization (FAO), global coconut production reached 62.41 million metric tonnes in 2022, from plantations covering about 11.05 million hectares (source: pmc.ncbi.nlm.nih.gov).
According to the International Coconut Community, total global coconut-oil production is projected to reach 3.56 million metric tons (MMT) in 2025, up from 3.50 MMT in 2024. (source: coconutcommunity.org)
Coconut oil is distinguished by its high saturated-fat content, a feature that attracts both commercial interest and regulatory attention. Health authorities such as the World Health Organization (WHO) recommend that saturated-fat consumption account for no more than 10% of total daily energy intake, with total fat intake ideally staying under 30% of daily energy.
These nutritional guidelines influence how coconut oil is used in food and non-food industries and shape consumer perceptions and regulatory frameworks around its safety and health impact.
Given the vast supply base, consistent production, and growing awareness around nutrition and regulatory compliance, the global coconut oil market occupies a complex but strategically important position, bridging agriculture, health guidelines, and consumer demand across food, wellness, and industrial applications.
According to Kings Research, the global coconut oil market is expected to reach USD 8.94 billion by 2031, fuelled by growth in the food, cosmetic, and wellness industries. Leading companies are advancing sustainable sourcing and enhancing processing methods to capitalize on this rising demand.
Top 15 Companies in the Global Coconut Oil Market
1. Cargill, Incorporated
Cargill, Incorporated supplies refined, virgin, and fractionated coconut oil for food, personal care, and industrial applications. It provides coconut oil as part of its food ingredients portfolio, primarily for industrial and commercial use in coatings, fillings, and other applications in the confectionery, bakery, and ice cream industries. The company participates in sustainable sourcing initiatives to support responsible coconut farming. Cargill has a strong global presence, with operations spanning North America, Asia-Pacific, and Europe, ensuring a reliable supply chain for bulk buyers and manufacturers.
2. Mangga Dua
Mangga Dua offers a variety of coconut oil products, including RBD coconut oil, virgin coconut oil (VCO), and crude coconut oil. It caters to bulk buyers and retail markets. The company uses cold-pressed extraction techniques to help maintain nutrient content.
3. Greenville Agro Corporation
Greenville Agro Corporation specializes in organic and conventional coconut oil for food, cosmetic, and pharmaceutical industries. The company uses chemical-free extraction methods to produce coconut oil. Greenville Agro Corporation is headquartered in the Philippines and exports products to the US, Europe, and Asia.
4. Roycefood Corporation
Roycefood Corporation produces virgin coconut oil, RBD coconut oil, and coconut-based derivatives for international distribution. It supplies products under Roycefood Organics and various OEM brands. The company also develops advanced filtration processes for premium-grade oil production.
5. Novel Nutrientss Pvt Ltd.
Novel Nutrientss Pvt Ltd. offers virgin and cold-pressed coconut oil for dietary, cosmetic, and wellness applications. The company develops fortified coconut oils enriched with herbal extracts for enhanced health benefits. Novel Nutrientss Pvt Ltd is based in India and it exports to North America, the Middle East, and Europe, supplying to health-conscious consumers worldwide.
6. Aromaaz International
Aromaaz International supplies organic virgin coconut oil, fractionated coconut oil, and coconut carrier oils for aromatherapy and cosmetics. It operates through private labeling and bulk supply chains. The company develops customized coconut oil formulations for skincare and therapeutic uses. Aromaaz International has a global distribution network, supplying to the US, Europe, the Middle East, and Asia.
7. Adams Vision SRL
Adams Vision SRL specializes in cold-pressed virgin coconut oil for food and beauty applications. It caters to the coconut oil market with high-quality, non-GMO, and preservative-free products. The company develops low-temperature processing methods to retain natural antioxidants. Adams Vision SRL is based in Romania, with a significant presence in Europe and North America.
8. ConnOils By Kraft
ConnOils By Kraft offers customized coconut oil blends for food, nutraceutical, and cosmetic industries. It operates under the ConnOils brand, focusing on bulk supply and private labeling. The company develops microencapsulation technology to improve coconut oil stability in formulations.
9. Tantuco Enterprises, Inc.
Tantuco Enterprises, Inc. is a leading manufacturer of high-quality refined, bleached, and deodorized (RBD) coconut oil based in the Philippines. The company market its products under the brand names EL CIELO, EXORA, and APPROVED. The company also produces crude coconut oil, copra cake, coconut methyl ester, coconut fatty acid distillate, and glycerine. Tantuco has its manufacturing plant in Quezon Province in Philippines and exports products to various countries, including Russia, Argentina, Israel, Iran, Africa, China, India, and Taiwan.
10. Celebes Coconut Corporation
Celebes Coconut Corporation is a leading Philippine manufacturer and exporter of organic-certified coconut products, including organic virgin coconut oil and refined, bleached, and deodorized (RBD) coconut oil. These products cater to the food, pharmaceutical, and cosmetic industries.
11. Green Enterprises Pte Ltd
Green Enterprises Pte Ltd supplies virgin and refined coconut oil for food and skincare industries. It operates in the coconut oil market, focusing on organic and fair-trade-certified products. The company develops biodynamic farming techniques to improve coconut yield and sustainability. Green Enterprises is based in Singapore and has a strong supply chain across Asia and Europe.
12. SUN BIONATURALS (INDIA) PRIVATE LTD
SUN BIONATURALS (INDIA) PRIVATE LTD specializes in organic coconut-based products. The company offers a range of products in the coconut oil market including virgin coconut oil, refined coconut oil, coconut peat, and coconut fiber, catering to both edible and personal care applications. The company emphasizes eco-friendly and chemical-free processing techniques to preserve the natural aroma and nutrients of coconut oil.
13. Bo International
Bo International offers bulk and private-label coconut oil products, including fractionated and organic virgin coconut oil. It serves the coconut oil market through custom formulation services. The company develops skin-friendly coconut oil infusions for the cosmetic industry.
14. Marico
Marico is a well-known player in the coconut oil market, offering Parachute, Nihar Naturals, and Coco Soul brands. It provides both edible and cosmetic-grade coconut oils. The company develops scientifically crafted coconut oil-based hair and skincare solutions.
15. Rmayra Naturals
Rmayra Naturals specializes in organic, extra-virgin, and herbal-infused coconut oils for skincare and wellness. It operates in the coconut oil market, focusing on handcrafted, small-batch production. The company offers coconut oil blends influenced by Ayurvedic principles for wellness applications.
Conclusion
Looking ahead, the global coconut oil industry appears well-positioned for sustained growth, supported by strategic initiatives across the entire value chain. On the supply side, stakeholders are focusing on improving yields and production consistency partly through better cultivation practices and plantation management, in order to meet rising global demand.
At the processing and distribution levels, increased attention is being paid to quality assurance, traceability, and compliance with regulatory standards. This helps build consumer trust and supports broader adoption of coconut-oil based products in sensitive segments, such as food and personal care.
On the demand side, coconut oil’s versatility, spanning use in cooking, wellness, cosmetics, and industrial applications, remains its greatest strength. As consumer awareness of natural and plant-based ingredients continues to grow, coconut oil is gaining appeal across health-conscious and clean-label markets.
Finally, collaboration among industry stakeholders, governments, trade bodies, and farming communities is helping to strengthen the supply base, improve logistics and reduce post-harvest losses. These coordinated efforts to support production, quality, distribution, and demand diversification together create a robust foundation for growth in the global coconut oil market.
